JA Worldwide
Presentation to AICPA
June 21, 2005
Today’s Speaker
Since becoming President and CEO of JA Worldwide in July of
2001, David S. Chernow has focused on strategic development,
national board engagement, and resources to meet the ever-
increasing demand for JA nationwide.
Mr. Chernow was previously the President of the Physician
Services Group at US Oncology, and was responsible for
David S. development and operations for a physician network of more than
Chernow 850 physicians in 26 states. The Physician Services Group
President & oversees 74 comprehensive cancer centers, and 8,000 employees.
Chief As co-founder of America Oncology Resources (AOR), David
served as Chief Development Officer prior to the 1999 merger
Executive between AOR and another company that formed US Oncology.
Officer, JA David also spent nine years in the commercial real estate services
Worldwide business. He earned his J.D. at Pepperdine University, and his
undergraduate degree from UCLA.
Welcome
History, Background, and
Opportunities for AICPA Members
A Brief History of
Organization
Organization Today
Junior Achievement is the
world's largest
organization dedicated
to educating young
people about business,
economics and
entrepreneurship.
Through a dedicated
volunteer network, JA
Worldwide provides in-
school and after-school
programs for nearly
seven million students in
grades K-12.
Beyond
material
distribution, JA
programs
“come alive”
through
dedicated
classroom
volunteers
Establishing Relevancy in the Classroom:
Where YOU Come In!
The power of a
classroom
volunteer from the
business
community is a
proven method of
reinforcing
teachers. It also
inspires young
people to learn the
“economics of life.”
Defining the “economics of life” through seven
content themes:
• Business
• Citizenship
• Economics
• Entrepreneurship
• Ethics/Character
• Work-Related Life Skills/Careers
• Financial Literacy
Financial Literacy: Why?
• Individual finances are too often poorly managed by
many Americans.
• Frightening statistics depict massive credit card debt.
• Bankruptcies in some areas of the United States are at
record numbers.
• Students, even as they leave college, are often ill-
prepared to manage their personal finances.
How early should we start?
According to the 2005 Junior Achievement Interprise Poll™ on Personal
Finance…
Eleven percent of teens have credit cards in their name, with the incidence
of credit card ownership rising with age, from 6.2 percent for ages 13-14 to
21 percent for ages 18 and up.
A majority of teens (67 percent) say that they influence the purchasing
decisions in their respective households.
… as early as possible!
*JA Interprise Poll. More detail in News Room at www.ja.org
What to do?
• Leverage intellectual capacity of private sector. JA is one
of nation’s largest bridges between business and
education community.
• AICPA members can help take the “real world” directly to
students!
Get involved!
Financial literacy is embedded in
nearly all of JA’s programs.
Specific offerings include:
• JA Enterprise Village (5th grade) During their on-site experience
• JA Finance Park (middle school) at JA Finance Park, students
apply classroom learning by
• JA Economics for Success making important spending
(middle school) decisions and maintaining a
• JA Personal Economics (middle balanced budget.
school)
• JA Personal Finance (high school)
All programs are
correlated to state
standards and
numerous national
standards. Visit
www.ja.org and click
on Programs to learn
more.
Why so much focus on Middle Grades?
These are the years when youngsters…
• Crystallize their beliefs about themselves
• Firm up their self-concept
• Begin personal philosophy of life and values
• Establish the things that become the ultimate
determinants of their behavior.
Lounsbury, 2000, NMSA
Getting Practical:
• How might AICPA and JA partner to
address this pressing educational need?
Schools cannot do it alone!
• Best practice sharing: Introduction of Geoff
Wilson, JA of Southern California
Q&A
Thank you.
For more information, or to find a
JA office near you, visit
www.ja.org
or call 1-800-The New JA